Xponential Fitness (XPOF) Reports First Quarter Earnings Below Expectations – May 2, 2024

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Quarterly Earnings Report for Xponential Fitness (XPOF) – Analysis and Outlook

Xponential Fitness (XPOF) recently reported quarterly earnings of $0.16 per share, missing the Zacks Consensus Estimate of $0.18 per share. Despite this, the company has shown growth compared to a year ago.

While Xponential Fitness has underperformed the market so far this year, investors are wondering what’s next for the stock. The company’s earnings outlook and estimate revisions trend will play a crucial role in determining its future performance.

Currently holding a Zacks Rank #3 (Hold), Xponential Fitness is expected to perform in line with the market in the near future. The company is projected to have an EPS estimate of $0.23 on $83.77 million in revenues for the coming quarter and $1.11 on $345.62 million in revenues for the current fiscal year.

Additionally, investors should also consider the industry outlook, as Leisure and Recreation Services is currently in the bottom 27% of Zacks industries. However, research shows that the top 50% of Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Looking ahead, Xponential Fitness’ performance will be closely watched to see how it adapts to changing market conditions and investor sentiment. Stay tuned for further updates on the company’s progress.